• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
May 8, 2013 PNC HealthCare
 

May 8, 2013 PNC HealthCare

on

  • 439 views

Grace-Marie Turner's May 8, 2013 presentation to the PNC HealthCare 2013 Spring Healthcare Advisory Panel.

Grace-Marie Turner's May 8, 2013 presentation to the PNC HealthCare 2013 Spring Healthcare Advisory Panel.

Statistics

Views

Total Views
439
Views on SlideShare
439
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

CC Attribution-NonCommercial-ShareAlike LicenseCC Attribution-NonCommercial-ShareAlike LicenseCC Attribution-NonCommercial-ShareAlike License

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    May 8, 2013 PNC HealthCare May 8, 2013 PNC HealthCare Presentation Transcript

    • A not-for-profithealth and tax policyresearch organization/GalenInstitutewww.galen.orgUpdate onHealth ReformGrace-Marie TurnerMay 8, 2013PNC HealthCare2013 Spring Healthcare Advisory BoardPhiladelphia
    • Americans agreed on goals for health reform…• The U.S. needs health reform to:– make coverage more affordable– assure quality, and– expand access to insurance• Most people rate their own coverage asgood or excellent• They want stability. Change was forothers.www.galen.org
    • but many say the ACA changes too much• 36% of Americans now view theAffordable Care Act favorably• 42% view the law unfavorably• Cost continues to be the biggestconcernwww.galen.orgKaiser Health Tracking Poll, February 2013. http://www.kff.org/kaiserpolls/upload/8251-F.pdf
    • www.galen.org
    • Americans’ views of health lawafter Supreme Court decision• Americans say it will make things worse ratherthan better for– taxpayers– businesses– doctors– and those who currently have health insurance.Sources: “Americans: Healthcare Law Helps Some, Hurts Others ,” Gallup, July 16, 2012, http://www.gallup.com/poll/155726/Americans-Healthcare-Law-Helps-Hurts-Others.aspx?utm_source=add%2Bthis&utm_medium=addthis.com&utm_campaign=sharing#.UARkmBS6osE.twitter. The New York Times/CBSNews Poll, July 11-16, 2012, http://s3.documentcloud.org/documents/402362/jul12a-ocr.pdf. “Kaiser Health Tracking Poll,” The Kaiser Family Foundation, July2012, http://www.kff.org/kaiserpolls/upload/8339-C.pdf
    • Why the ACA isn’t settled 38% of Americans supported the law in thelast major poll before the November elections Of the 50.6% who voted for PresidentObama…12% said they wanted the law repealedThe election was not about health reformSource: “Kaiser Health Tracking Poll: October 2012,” The Henry J. Kaiser Family Foundation, October 31, 2012,http://www.kff.org/kaiserpolls/8381.cfm.
    • NOTE: Don’t know/Refused answers not shown.SOURCE: Kaiser Family Foundation Health Tracking Poll (conducted March 5-10, 2013)Majority Say They Don’t Understand HowACA Will Impact Them, Including Two-Thirds of Uninsured and Low-IncomeDo you feel you have enough information about the health reform law to understand how it will impact youpersonally, or not?30%33%41%68%67%57%Household income lessthan $40,000Uninsured (under age 65)TotalYes, have enough information No, do not have enough information
    • Source: Avik Roy, “Fact-Checking the Obama Campaigns Defense of its $716 Billion Cut to Medicare,” Forbes: The Apothecary, August 16, 2012,http://www.forbes.com/sites/aroy/2012/08/16/fact-checking-the-obama-campaigns-defense-of-its-716-billion-cut-to-medicare/.The health law in one graph
    • The paperwork mazeCourtesy of The Wall Street Journal at www.opinionjournal.com
    • Source: Sarah Kliff, “Is ObamaCare too much work for the Obama administration?” The Washington Post, November 12, 2012,http://www.washingtonpost.com/blogs/wonkblog/wp/2012/11/12/is-obamacare-too-much-work-for-the-obama-administration/.An ACA State Exchange
    • Do you qualify for subsidies?Source: Sen. John Cornyn, Facebook, March 22, 2013,http://www.facebook.com/photo.php?fbid=10151499130834424&set=a.112318184423.92543.75755694423&type=3&l=83fcd3ca01&permPage=1
    • The Red Tape Tower
    • Source: “Health Reform Poses Biggest Challenges to Companies with the Most Part-Time and Low-Paid Employees,” Mercer LLC, August 8, 2012,http://www.mercer.com/press-releases/1472805.Mercer: Employers planning workforce changesw Mercer study on what employers expect
    • SCOTUS SuccessBoot CampEmployers and health coverage1. Employers with <50 FTE EE’s have no3k/2k penalty2. But employers offering qualified andaffordable coverage may actually behurting their employeesExample
    • Generous Subsidies inExchangesExamples:• A person earning $42,000 a year with a familyof 4 qualifies for $14,759 in new healthinsurance subsidies• A single person earning $20,600 qualifies for$5,156 in new health insurance subsidiesBut only if employer doesn’t offer coverage or ifit’s not “affordable” (ie costs >9.5% of income)www.galen.org
    • Cost of Insurance, Family of 4
    • Impact of new rating rulesJames T. O’Connor, Milliman, for America’s Health Insurance Plans. Comprehensive Assessment of ACA Factors That Will Affect Individual MarketPremiums in 2014. http://www.ahip.org/MillimanReportACA2013/ Accessed 4-26-13
    • New and higher TaxesSource: Philip Dittmer and William McBride, “Obamacares New Taxes, And How You May Be Affected,” Tax Foundation, July 5, 2012,http://taxfoundation.org/blog/obamacares-new-taxes-and-how-you-may-be-affected.
    • More new and higher TaxesSource: Philip Dittmer and William McBride, “Obamacares New Taxes, And How You May Be Affected,” Tax Foundation, July 5, 2012,http://taxfoundation.org/blog/obamacares-new-taxes-and-how-you-may-be-affected.
    • www.galen.orgSome realities:
    • What we know for sure• CHOICE: Americans value innovation,diversity and choice to accommodate 300million people• VALUE IN HEALTH SPENDING: To realizethe promise of personalized medicine andachieve overall cost saving, break downpayment silos• FOCUS ON THE PATIENT: They wantdoctors and patients, not government, tomake health care decisions
    • A market-based solution“Defined contributions” for health coverageA system that puts doctors and patients in charge ofmedical decisionsRestructuring financing for a 21st century healthsector• Medicare• Medicaid• Private Insurance
    • States have a big roleSeek ways improve their markets• Enhance competition for more choices ofaffordable coverage• Better safety net with functional high-riskpools• Private exchanges?www.galen.org
    • www.galen.orgHealth insurance market
    • 2013 questions• Will Exchanges be ready by Oct 1?• Will there be bi-partisan support for delay?• Will people enroll after they see cost?• Will the number of uninsured be higher aspeople understand guaranteed issue?• Will private exchanges fill a market need?www.galen.org
    • Europeans moving towardpatient-centered care/decentralization• Consumerism• Value of private enterpriseand competition• Doctor-patient relationship• Decentralizeddecision-makingwww.galen.org
    • The future?• The global move towardconsumerism is real, drivenby greater patient demandfor more control overdecisions.• People will seek moreaffordable options outsidethe ACA’s centralizedcontrol.
    • A not-for-profithealth and tax policyresearch organization/GalenInstitutewww.galen.orgGrace-Marie TurnerGalen Institute703-299-8900gracemarie@galen.orgtwitter.com/GalenInstitutefacebook.com/GalenInstituteSubscribe to our free email alerts atwww.galen.org/subscribe